vs

Side-by-side financial comparison of Lanvin Group Holdings Ltd (LANV) and SPS COMMERCE INC (SPSC). Click either name above to swap in a different company.

SPS COMMERCE INC is the larger business by last-quarter revenue ($192.7M vs $144.1M, roughly 1.3× Lanvin Group Holdings Ltd).

Lanvin is a French luxury fashion house founded in 1889 by Jeanne Lanvin in Paris. It is the oldest French fashion house still in operation. Since 2018, it has been a subsidiary of Shanghai-based Lanvin Group. Lanvin Group includes Lanvin, Sergio Rossi, Wolford, St. John Knits, and Caruso.

SPS Commerce, Inc. is a technology and application software company based in the United States that provides cloud-based supply chain management software. The company's headquarters are located in Minneapolis, Minnesota, but it also has a US office in New Jersey, and international locations in Amsterdam, Beijing, Breukelen, Hong Kong, Kyiv, Melbourne, Montpellier, Sydney, and Toronto.

LANV vs SPSC — Head-to-Head

Bigger by revenue
SPSC
SPSC
1.3× larger
SPSC
$192.7M
$144.1M
LANV

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
LANV
LANV
SPSC
SPSC
Revenue
$144.1M
$192.7M
Net Profit
$25.8M
Gross Margin
53.9%
70.4%
Operating Margin
-60.5%
18.0%
Net Margin
13.4%
Revenue YoY
12.7%
Net Profit YoY
47.2%
EPS (diluted)
$0.69

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
LANV
LANV
SPSC
SPSC
Q4 25
$192.7M
Q3 25
$189.9M
Q2 25
$144.1M
$187.4M
Q1 25
$181.5M
Q4 24
$170.9M
Q3 24
$163.7M
Q2 24
$184.7M
$153.6M
Q1 24
$149.6M
Net Profit
LANV
LANV
SPSC
SPSC
Q4 25
$25.8M
Q3 25
$25.6M
Q2 25
$19.7M
Q1 25
$22.2M
Q4 24
$17.6M
Q3 24
$23.5M
Q2 24
$18.0M
Q1 24
$18.0M
Gross Margin
LANV
LANV
SPSC
SPSC
Q4 25
70.4%
Q3 25
69.5%
Q2 25
53.9%
68.1%
Q1 25
68.7%
Q4 24
67.5%
Q3 24
68.5%
Q2 24
57.5%
66.1%
Q1 24
65.6%
Operating Margin
LANV
LANV
SPSC
SPSC
Q4 25
18.0%
Q3 25
16.4%
Q2 25
-60.5%
14.1%
Q1 25
14.3%
Q4 24
14.5%
Q3 24
15.6%
Q2 24
-35.0%
15.1%
Q1 24
10.3%
Net Margin
LANV
LANV
SPSC
SPSC
Q4 25
13.4%
Q3 25
13.5%
Q2 25
10.5%
Q1 25
12.2%
Q4 24
10.3%
Q3 24
14.3%
Q2 24
11.7%
Q1 24
12.0%
EPS (diluted)
LANV
LANV
SPSC
SPSC
Q4 25
$0.69
Q3 25
$0.67
Q2 25
$0.52
Q1 25
$0.58
Q4 24
$0.46
Q3 24
$0.62
Q2 24
$0.48
Q1 24
$0.48

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LANV
LANV
SPSC
SPSC
Cash + ST InvestmentsLiquidity on hand
$32.1M
$151.4M
Total DebtLower is stronger
$290.3M
Stockholders' EquityBook value
$-116.4M
$973.9M
Total Assets
$632.1M
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LANV
LANV
SPSC
SPSC
Q4 25
$151.4M
Q3 25
$133.7M
Q2 25
$32.1M
$107.6M
Q1 25
$94.9M
Q4 24
$241.0M
Q3 24
$205.8M
Q2 24
$19.3M
$271.8M
Q1 24
$290.8M
Total Debt
LANV
LANV
SPSC
SPSC
Q4 25
Q3 25
Q2 25
$290.3M
Q1 25
Q4 24
Q3 24
Q2 24
$136.4M
Q1 24
Stockholders' Equity
LANV
LANV
SPSC
SPSC
Q4 25
$973.9M
Q3 25
$958.9M
Q2 25
$-116.4M
$949.8M
Q1 25
$920.9M
Q4 24
$854.7M
Q3 24
$829.4M
Q2 24
$100.1M
$703.4M
Q1 24
$683.0M
Total Assets
LANV
LANV
SPSC
SPSC
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$632.1M
$1.1B
Q1 25
$1.1B
Q4 24
$1.0B
Q3 24
$1.0B
Q2 24
$731.8M
$854.5M
Q1 24
$839.8M
Debt / Equity
LANV
LANV
SPSC
SPSC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
1.36×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LANV
LANV
SPSC
SPSC
Operating Cash FlowLast quarter
$-75.1K
$45.9M
Free Cash FlowOCF − Capex
$38.2M
FCF MarginFCF / Revenue
19.8%
Capex IntensityCapex / Revenue
4.0%
Cash ConversionOCF / Net Profit
1.78×
TTM Free Cash FlowTrailing 4 quarters
$152.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LANV
LANV
SPSC
SPSC
Q4 25
$45.9M
Q3 25
$60.6M
Q2 25
$-75.1K
$32.3M
Q1 25
$40.0M
Q4 24
$40.6M
Q3 24
$53.3M
Q2 24
$-36.2K
$29.4M
Q1 24
$34.1M
Free Cash Flow
LANV
LANV
SPSC
SPSC
Q4 25
$38.2M
Q3 25
$54.6M
Q2 25
$25.7M
Q1 25
$33.8M
Q4 24
$34.3M
Q3 24
$48.1M
Q2 24
$24.4M
Q1 24
$30.5M
FCF Margin
LANV
LANV
SPSC
SPSC
Q4 25
19.8%
Q3 25
28.7%
Q2 25
13.7%
Q1 25
18.6%
Q4 24
20.1%
Q3 24
29.4%
Q2 24
15.9%
Q1 24
20.4%
Capex Intensity
LANV
LANV
SPSC
SPSC
Q4 25
4.0%
Q3 25
3.2%
Q2 25
3.6%
Q1 25
3.4%
Q4 24
3.6%
Q3 24
3.2%
Q2 24
3.3%
Q1 24
2.4%
Cash Conversion
LANV
LANV
SPSC
SPSC
Q4 25
1.78×
Q3 25
2.37×
Q2 25
1.64×
Q1 25
1.80×
Q4 24
2.31×
Q3 24
2.27×
Q2 24
1.63×
Q1 24
1.89×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

LANV
LANV

Segment breakdown not available.

SPSC
SPSC

Recurring Revenues$184.5M96%
One Time Revenues$8.1M4%
Set Up Fees$4.1M2%

Related Comparisons